Reducing Consumption and Recycling
Leumi adopts diversified measures to reduce its environmental effect. Much effort is dedicated to reducing consumption and recycling.
For many years Leumi has been collecting used paper for recycling. Paper is collected from all the Bank’s branches, the administration building in Tel Aviv and Keshev at Lod. Approximately 1100 tons of paper are collected annually.
Reducing paper consumption
Simultaneously with collecting paper for recycling, Leumi reduces paper consumption by adopting the following procedures:
- A transition from paper to computer reports: All computer reports issued at the Bank are available through an Internet interface, resulting in diminished necessity for printed reports. Since 2004, Leumi has reduced its annual paper consumption for reports from 56 million to 39 million pages.
- Internal mail without envelopes: Leumi has adopted a procedure of sending folded and stapled non-sensitive internal mail, without envelopes.
- Reuse of envelopes: Envelopes used for sending internal mail at the bank can be reused – Annual Savings of Approximately 5 million paper envelopes.
- Storing documents in the @view system: Thousands of sketches are stored in Leumi's construction ventures. Printing these, would require kilometers of paper. Using the @view system, saves Approximately 50% of the printed paper.
- Daily bulletins for the branches: Daily business information is distributed to the branches via the computer instead of on paper, as was the custom in the past. This is an annual savings of Approximately 3 million pages.
- The supplier portal: Use of the Internet intended for correspondence with suppliers and transmitting invoices etc.
- Paper towels: All paper towels used at Leumi are manufactured solely from recycled paper.
- Discontinuation of printing forms at printing presses: The Bank has purchased laser printers for the branches. This has obviated the need to both forms from printing presses and keep a large stock of forms. All forms of printed according to need on the branch printers.
- A special Committee was set up to explore additional opportunities to reduce the use of paper.
Electronic waste treatment and computer recycling
Leumi is aware of the latent environmental dangers by discarding electronic waste. Therefore electronic equipment is treated in the following manner:
- Recycling computers and destroying them using authorized companies under the Bank's inspection.
- Donations to the public (dozens of computers annually)
- Sales of computers (a limited volume)
Batteries of all types contain the most toxic substances, which could result in serious pollution of underground water and water sources. Therefore much importance is placed on the organized disposal of used batteries and concealing them at designated sites.
Recycling ink and toner containers
Leumi is gradually increasing the use of recycled ink tapes and ink and toner containers.